Are your assets SAFE in today's banking system?
In the last few years we have seen over night bank runs and missed bond payments in the US and China, two of the worlds financial powerhouses, we are also witnessing never ending wars and natural disasters costing billions in damages for countries across the world.
All these factors ultimately leads to currency devaluations and uncontrolled inflation and job loss. Inflation also comes from your countries currency losing its value to purchase the staples every month, food items such as milk, bread, eggs and lets not forget the cost to fill a car has almost doubled.
All these factors ultimately leads to currency devaluations and uncontrolled inflation and job loss. Inflation also comes from your countries currency losing its value to purchase the staples every month, food items such as milk, bread, eggs and lets not forget the cost to fill a car has almost doubled.
Silicon Valley Bank (SVB) suffers Bank Run
On 9 March 2023, Silicon Valley Bank (SVB) suffered a major bank run, with deposit outflows of over $40 billion, causing the bank to become insolvent. This event cast doubts on the stability of the US banking sector and raised concerns that panic could spread among depositors, triggering other bank runs.
On 9 March 2023, Silicon Valley Bank (SVB) suffered a major bank run, with deposit outflows of over $40 billion, causing the bank to become insolvent. This event cast doubts on the stability of the US banking sector and raised concerns that panic could spread among depositors, triggering other bank runs.
Are your assets and retirement savings presently safe from a Bank Run or Bail In ?
Find out how you can remove that risk today with our CHI-CAN Gold fund
Find out how you can remove that risk today with our CHI-CAN Gold fund